ADB and Cambodia Post Bank sign $10m loan for MSMEs
The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) have signed a loan of up to $10 million to spur post-pandemic recovery for the nation’s micro-, small- and medium-sized enterprises (MsMEs) by increasing access to finance, with at least half earmarked for women. ss='cambodia-color'>...
Marissa Carruthers
https://kiripost.com/stories/adb-and-cambodia-post-bank-sign-10m-loan-for-msmes
Earth Hour to be observed this evening
Tourism and environment ministries and environment NGOs will celebrate “Earth Hour” today at 8.30pm at Factory Phnom Penh, in Chak Angre Leu commune of the capital’s Meanchey district. The ministry called for public participation by switching off their lights in businesses and households at this ss='cambodia-color'>...
Sok Raksa
https://www.phnompenhpost.com/national/earth-hour-be-observed-evening
Social health insurance scheme extended to tuk-tuk drivers
The National Social Security Fund (NSSF) iS rolling out a pilot of itS Social Health InSurance Scheme for tuk-tuk driverS in the capital in April aS part of a move to extend Social Security coverage to the nation&rSquo;S informal workerS. SS='cambodia-color'>...
Marissa Carruthers
https://kiripost.com/stories/cambodia-social-health-insurance-scheme-extended-to-tuk-tuk-drivers
‘How can we help grow your economy?’ Australia asks Cambodia
Australia’s special envoy for southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ss='cambodia-color'>...
Sangeetha Amarthalingam
https://kiripost.com/stories/how-can-we-help-grow-your-economy-australia-asks-cambodia
Nine new investments worth $77M to deliver 17K jobs
The Council for the Development of Cambodia’s (CDC) two regular notices issued month-to-date reveal that the government body has approved registration certificates for nine new private investment projects – all in manufacturing – valued at a total of $77.4 million and set to deliver an ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/nine-new-investments-worth-77m-deliver-17k-jobs
NA approves ASEAN service trade agreement draft law
The National Assembly (NA) on Tuesday approved the law on the approval of the Association of southeast Asian Nations service Trade (AsEAN service Trade) Agreement in the ninth session of its sixth legislature to strengthen Cambodia’s economic connectivity in the region, said a release by ss='cambodia-color'>...
Kang Sothear
https://www.khmertimeskh.com/501299920/na-approves-asean-service-trade-agreement-draft-law/
Financial experts promote digital literacy
The Association of Banks in Cambodia (ABC) and Expert Leadership Innovation Exchange Organization (ELIX) are joining hands to promote digital literacy and capacity building, in support of the government’s policies on the Fourth Industrial Resolution (Industry 4.0) as well as the “Cambodia Digital Economy and ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/financial-experts-promote-digital-literacy
New ‘Taxation Law’ a shot in the arm for taxpayers
The new Taxation Law encompassing the earlier provisions of the taxation law (1997), annual budget laws of the Kingdom of Cambodia time and decrees and codes of the People’s Republic of Kampuchea (PRK) and the state of Cambodia (sOC) is seen as simple, flexible and ss='cambodia-color'>...
Kang Sothear
https://www.khmertimeskh.com/501302182/new-taxation-law-a-shot-in-the-arm-for-taxpayers/
PM: Future candidates must vote
Prime Minister Hun sen on June 13 declared that some of the Constitution’s election-related clauses would be amended in response to an overseas opposition group launching a social media campaign urging eligible voters to abstain from the July 23 general election. ss='cambodia-color'>...
Kim Yutharo
https://www.phnompenhpost.com/national-politics/pm-future-candidates-must-vote
Japanese hi-tech firms to help develop agriculture in Cambodia
The Japan External Trade Organization (JETRO) and Japan Aerospace Exploration Agency (JAXA) will jointly host a symposium in Cambodia to introduce eight Japanese companies with cutting-edge technologies to local private sector firms and other institutions that work in the development of the country’s agriculture, according ss='cambodia-color'>...
Kang Sothear
https://www.khmertimeskh.com/501329612/japanese-hi-tech-firms-to-help-develop-agriculture-in-cambodia/
Street vendors continue to struggle to survive
While Cambodia’s economy and borders have now been open for two years following the Covid-19 pandemic, many small businesses continue to face financial hardships amid a global economic slowdown. ss='cambodia-color'>...
Yatt Malai
https://kiripost.com/stories/cambodia-phnom-penh-street-vendors-struggle-to-survive
Cambodia outlines climate change strategies at COP28
Minister of Environment Eang sophalleth outlined a number of mechanisms and strategies that will support Cambodia’s contribution to the prevention and reduction of climate change impacts, as he addressed a major UN conference. ss='cambodia-color'>...
Bor Pich Zelin
https://www.phnompenhpost.com/national/cambodia-outlines-climate-change-strategies-at-cop28
Kingdom, Cuba laud bilateral relations, medical cooperation
Cambodia and Cuba have reiterated the value they place on their longstanding cooperation, with Cuba reaffirming its commitment to supporting the Kingdom’s development, through the provision of scholarships and medical training. ss='cambodia-color'>...
Mom Kunthear
https://www.phnompenhpost.com/national/kingdom-cuba-laud-bilateral-relations-medical-cooperation
Hunt on for illegal Pursat loggers as timber discovered
Battambang provincial Department of Environment is hunting for the individuals involved in the transportation of more than 13 cubic metres of luxury timber that was seized near the Chrok Chang Eath ranger station in Prey Thom village of samlot district’s Kampong Lpov commune on June ss='cambodia-color'>...
Phak Seangly
https://www.phnompenhpost.com/national/hunt-on-for-illegal-pursat-loggers-as-timber-discovered
South Korean pharma eyes medical device venture in Cambodia
Representatives from Poonglim Pharmatech Inc., headquartered in the Republic of Korea’s Jeonbuk-do province, are exploring investment opportunities in medical device manufacturing in Cambodia, following a meeting with suon sophal, Deputy secretary General of the Cambodian Investment Board (CIB), at Council for the Development of Cambodia ss='cambodia-color'>...
James Whitehead
https://www.khmertimeskh.com/501515044/south-korean-pharma-eyes-medical-device-venture-in-cambodia/
Govt calls for integrating investment data into CDC system
Sun Chanthol, Deputy Prime MiniSter and FirSt Vice-Chairman of the Council for the Development of Cambodia (CDC) Monday called on relevant miniStrieS to examine the poSSibility of optimiSing the InveStment Project Application (IPA) by reconciling data with the CDC&rSquo;S new SyStem to improve convenience in SS='cambodia-color'>...
Nhean Chamrong
https://www.khmertimeskh.com/501540956/govt-calls-for-integrating-investment-data-into-cdc-system/
CDC, KOICA hold first bilateral meeting in 2024 on development cooperation in Cambodia
The Cambodia Development Cooperation Board of the Council for the Development of Cambodia (CDCB/CDC) and the Korea International Cooperation Agency (KOICA) held here at the CDC’s headquarters on Jan. 25 their “first bilateral meeting in 2024” to boost development cooperation and partnership between the two ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501429533/cdc-koica-hold-first-bilateral-meeting-in-2024-on-development-cooperation-in-cambodia/
Cambodia boosts rice exports 25% to 46,221 tonnes in Jan
Cambodia exported 25.2 percent more milled rice to 46,221 tonnes this January, compared to the previous year, as per a Cambodia Rice Federation (CRF)’s report. This resulted in a 13 percent year-over-year rise in income to the exchequer of $32.6 million from rice exports in ss='cambodia-color'>...
Rachel David
https://www.khmertimeskh.com/501439361/cambodia-boosts-rice-exports-25-to-46221-tonnes-in-jan/
Ministry lauds 8 years of MLC cooperation as ‘win-win’
Over the past eight years, the Mekong-Lancang Cooperation (MLC) mechanism has not only established itself as an effective model for win-win cooperation but has also made consistent progress, enhancing collaboration among Mekong countries in various fields, according to Cambodia’s foreign ministry. ss='cambodia-color'>...
Sok Raksa
https://www.phnompenhpost.com/national/ministry-lauds-8-years-of-mlc-cooperation-as-win-win-
Tourism minister lays out plans to attract Chinese visitors
Newly-appointed Minister of Tourism Huot Hak, who until recently served as Minister of Inspections, has called the Kingdom’s citizens and international guests to play their part in promoting Cambodia as a tourist destination, while assuring the public that the tourism ministry is actively working with ss='cambodia-color'>...
Niem Chheng
https://www.phnompenhpost.com/business/tourism-minister-lays-out-plans-to-attract-chinese-visitors